Why Emerging Europe is the New Darling of Outsourcing

.

Tom Quigley

About Tom Quigley

Tom Quigley is director of outsourcing at Emerging Europe and the owner and chief marketing officer at QUIGLEYMEDIA. He has 29 years corporate enterprise experience across operations, communications and marketing. He joined the National Outsourcing Association (NOA) in March 2016 as marketing director and then assumed the role of chief marketing officer for the Global Sourcing Association (GSA).

In a world where the impact of global market forces on businesses can be ruthless and unforgiving, strategic partnerships are becoming increasingly driven by hard economic necessity. The notion of seeking and finding a compatible partner then, where a meaningful relationship can truly flourish and be both rewarding and fulfilling for both sides may seem somewhat romantic to many.

Even so, in one corner of the world a new outsourcing partner of choice is emerging – in defiance of the harshness of global markets and positively thriving despite the spectre of Brexit and wider global protectionism. Indeed, this bold new protagonist is becoming more attractive as its offering matures, enabling it to present itself as strong, reliable and adventurous, with room still to grow and further develop.

Yes, while the Central and Eastern European (CEE) region may not yet be of the size and scale of India as an outsourcing delivery destination, its progressive nature and rich talent pool of highly educated resources, together with a culture embedded in innovation and matched with the desire to deliver service excellence across the STEM (Science, Technology, Engineering and Mathematics) industries, is gaining increasing recognition across the UK, German, Nordic and US outsourcing markets – and rightly so.

There are a number of factors converging to make the CEE region stand out.

Language Skills and Education

The education system in the region produces a wealth of engineering and technical skills, which makes it the go-to place to look for very specialised technology and software development skills. What’s more, Central and Eastern Europeans also have an innate ability to learn foreign languages, a useful trait for Western companies with increasingly global supply chains and customers.  Poland, Bulgaria and Romania, for example, not only all provide access to excellent technical skills but also linguistic capabilities –  with some reports suggesting that 98 per cent of all Bulgarians speak a foreign language and four out of every five Romanians also speak English.

Culture

Simply put, the CEE region is better equipped for some types of projects and processes that require close cultural alignment with Western Europe. For example, European employees feel more comfortable providing valuable input to the development of projects than in many other parts of the world, a clear advantage now that we operate in a world of perpetual technological change; these people are more likely to question and challenge what they are asked to do, all of which helps to deliver higher quality, more robust end-products and services.

Government support

Countries such as Poland, Ukraine and Romania have implemented substantial tax incentives for businesses to set up shop in their territories, with lower labour costs and rates of attrition in comparison to far-shore destinations. They have also cut through reams of bureaucracy, making it easier to transact business.

Time Zones

A determining factor these days is that many critical projects are increasingly developed and implemented in an agile environment, and in real-time. This means that physical proximity is becoming more and more relevant.  As go-to-market strategies become much leaner, with products and services improved and updated as customers use and socialise with them, so closer aligned time zones will allow teams located in different countries to work with their outsourcing partners almost simultaneously – providing a clear competitive advantage.

As other delivery destinations wrestle with a myriad of issues ranging from work visas, rising labour costs and high attrition rates to divisive or obstructive cultural nuances and unsympathetic time zones, the Central and Eastern European region quietly continues to romance some of the world’s most dynamic and innovative brands back to its’ place. Global giants such as Google, Amazon, Coca-Cola, Vodafone, Nike and Adidas have, among others, all poured into the region in recent years. Even Indian outsourcing giants have taken advantage of the local talent, with companies such as Wipro having long-established (as long as a decade ago) operations in the region.

Yes, it might still have a few traits of its own that need to be ironed out, but as things stack up in the current political, economic, social and technological climate, the CEE region  could well be the dream partner that many businesses are looking for.

Sourcing in Emerging Europe is a wholly independent programme providing impartial information and education about the outsourcing capabilities of the countries comprising the CEE region. Attend our events in London (March 2018) and Copenhagen (October 2018) and take away a highly-informed blueprint for effective sourcing in 2018 and beyond.

Note: this event is free for buyers, and if you register before the end of January you may be lucky enough to obtain a VIP ticket providing you with exclusive access to premium content and other benefits.

RELATED ARTICLES

Regional Relations in the Western Balkans: Moving Beyond Folklore

Bosnia and Herzegovina flag with Serbia flag, 3D rendering

Kosovo: A Population of Talented Young Entrepreneurs Waits at Europe’s Door

Steep Jump in Georgian Exports

container ship in import export and business logistic.By crane Trade Port Shipping.cargo to harbor.Aerial view.Top view.

The CEE Region Is Making Advances in Prioritising Waste-to-Energy Projects

Belarusian Tech Companies Lead a Global Technological Advance in Outsourcing and Product Development

Emerging Europe Looking Good in Best-Performing Cities Index

Budapest, Hungary. Aerial view of the old city Budapest, Hungary with river and Parliament Building with cloudy blue sky

Belarus Introduces New Business-Friendly Auditing Procedures

MINSK, BELARUS - AUGUST 15, 2016: Aerial view of the southwestern part of the Minsk with Palace of Sport and old and new other buildings. Minsk is the capital and largest city of Belarus.

History as Destiny? Institutional Erosion in Ukraine and Poland

Georgia’s Great Potential

The highland agriculture lands in Gudauri with the herd of sheep grazing here Georgia.

The UK and Belarus: A Partnership to Introduce the Real Belarus to Europe

CEE Nation Brands Still Behind Western Counterparts

TALLINN ESTONIA- JUNE 17: View of the modern high rise buildings on border with an old part of the city on June 17 2012 in Tallinn Estonia

Romania Warned Again by European Council Over Budget Deficit

romania finance ministry

Erste Group: Public Debt Falling Across CEE

erste group

ArcelorMittal Kryvyi Rih Gets EBRD Boost

Landscape with two mine head frames . Ukraine, Kryvyi Rih, Iron-ore mine Gvardeiskaya. An autumn sunny day with blue sky. Complex for Mining

Is the Level of Foreign Ownership a Problem in Emerging Europe?

Flags of European countries flying from their capital cities. Viewed from the South.

Tech Giant Expands Romanian Operations

Bulgarian Capital Pulls Above Its Weight

sofia

The Global Outsourcing Industry — the Rise of the Phoenix

Can Armenia Keep a Foot in Both Camps?

European union armenia russia emerging europe

CEE Emigrants Could Boost Their Countries’ Economies

Londoners walking through Millennium Bridge with St.Paul's Cathedral at the background after sunset - London, UK

Georgian PM Reshapes and Reshuffles Cabinet

Giorgi Kvirikashvili

Belarus: The Importance Of Diversification

Central and Eastern European Consumers Are Joining the Global Trends for Change

Bosnia and Herzegovina: Focussing on Stability and Business Climate

Sarajevo Bosnia and Herzegovina - August 23 2015. View of Miljacka River in Sarajevo city

Still Potential for Growth in CEE as Economies Stabilise

OECD: Belarus Has to Find Its Own Belarusian Model to Emerge

Belarus Refinery Boss Upbeat Despite Challenges

oil refinery

Young Georgians Make Their Mark at Emerging Europe-EBRD Event

maximilien lambertson at emergeing ebrd outlook on georgia

Poland’s Drift Away From Democracy

Putin Urges Belarus to End Oil Transit Through Lithuania

Athens Greece - May 27 2016: Russian President Vladimir Putin delivers

PE and VC Investment In CEE Is At an Eight-Year High

venture capital

Sunday Trading in Poland Under Renewed Threat

CEE Must Improve Infrastructure and Logistics

Aerial view of Gliwice Sosnica motorway junction. There are international traffic in four directions

Larisa Manastirli: Where is Bulgaria After Ten Years in the EU?

Bulgaria: Real Estate’s New Frontier?

The Problem With Central European City-States

Budapest Hungary - Panoramic skyline view of the famous Buda Castle Royal Palace with the Buda Hills and Matthias Church at background at sunset

Brexit: Let’s Learn the Lesson and Hope a Better Europe Will Arise

The Voice of European Business Must Be Heard Loud and Clear by Brexit Negotiators

Budapest’s Property Boom Goes Nationwide

building

Bulgaria and Romania Get EBRD SME Boost

Startup Diversity Teamwork Brainstorming Meeting Concept

Poland’s New PM Defends Attacks on Justice System

warsaw supreme court

Romanian Car Maker Dacia Sees Sales Boom

Sables d Olonne France - May 07 2017 : Dacia Tour 2017 is a commercial operation organized by the car builder in order to present its cars throughout France - Close-up on cars

The Next Four Months Crucial For the Belarus-EU Relations

We, the Post-Communist Generation, Have the Skills to Rid of the Past And Create Our Own Future

Ukraine to Restart Privatisation to Realise Profits

Pricatisation electricity ukraine

Will the New Five-day Visa-free Regime Encourage More Visitors to Belarus?

CEE Playing Catch Up on R&D Spending

science, r&d

OECD: Tightening Labour Markets Sustain Growth in Emerging Europe

workers, employment

What Went Wrong in Ukraine – And When?

Is there any prospect of ‘Polexit’?

poland european union polexit

China Eyes Moldovan Trade Agreement

CRICOVA MOLDOVA July 24 2017 :Underground wine cellar with collection of bottles in niches. Winery with 120 km of underground passages for wine storage

CEE-Benefits and Disadvantages of Joining the Eurozone

forint zloty euro

The Proof of a Country’s Readiness to Attract Foreign Investors Lies in the Development of the Insurance Market

Lithuania Handed Top Marks for Business Services

Beautiful panorama of Vilnius Old Town taken from Gediminas hill; Lithuania

Romanian Opposition Unites Against ‘Crime Syndicate’ Government

The Belarusian Economy: The Challenges of Stalled Reforms

Belarus’s Election Tests the EU’s Global Strategy

Serbia Drafts New Competition Law

serbia belgrade flag

Invest in Belarus: looking beyond politics to the future

Automotive and Transport Companies Dominate the CEE Region

Car bodies on the production line inside automobile factory

Continental Launch Largest Ever Lithuanian Greenfield Investment

kaunas lithuania

Czechs Hold Emerging Europe’s Most Powerful Passport

Georgia Leads Emerging Europe in Ease of Doing Business Report

Will European Business and Institutions Bolster the New Trends That Have Appeared in Belarus?

Georgia to Develop Rural Fibre-Optic Network

Young man working on his laptop connect to wireless internet in rural area. Internet connection allows people to work anywhere from laptop. Notebook and nature background. Wireless technology concept.

The Country Shows Promise but Needs Some Reforms

Polish Government in Climbdown on Social Contribution Hike

Ukraine’s Economic Recovery: Good, But Slow

ukraine money

EU to Fund New Poland-Slovakia Gas Pipeline

slovakia-poland gas pipeline

WEF: Emerging Europe Ready for the Future

robotic machine tool in industrial manufacture plant,Smart factory industry 4.0 concept.

CEE Tech Growth Continues: Poland and the Czech Republic Lead the Way

technology

Effective Policies Have Strengthened the Georgian Economy

TBILISI GEORGIA Jul. 18 2017: Bridge of Peace is a bow-shaped pedestrian bridge a steel and glass construction over the Kura River in downtown Tbilisi capital of Georgia

Finalising the DCFTA is Expected to Bring Multiple Benefits to Ukraine

Moldovan Government Hails Business-Friendly Legal Reforms; NGOs Remain Cool

Chisinau, Republic of Moldova, Eastern Europe, 29th June 2017: view to the Parliament Building in Chisinau, Moldova

Romanian National Bank Hikes Interest Rates

BUCHAREST ROMANIA - MAY 25 2014: The National Bank of Romania (BNR) building palace designed by Albert Galleron and Cassien Bernard.

European Volatility Makes Economic Development Slower for Ukraine

The Competitive Edge in Central and Eastern Europe

SOFIA BULGARIA - MAY 5: View of the Ivan Vazov National Theatre in Sofia on May 5 2016. Sofia is the largest city and capital of Bulgaria.

The Belarusian Financial Sector: An Industry in the Process of Restructuring

EBRD Transition Report Highlights Financial Sector Resilience

Baku

Measure, Strengthen, and Grow

dacia brand

Prepare for a New Europe

Poles Still Keen on German Jobs

Brandenburg Gate in Berlin in Germany. The Brandenburg Gate is a triumphal arch a city gate in the center of Berlin. It is one of the most known sites in Berlin.

Hungary’s Solar Dreamer

hand sun and blue sky with copyspace showing freedom or solar power concept

Lviv Region in Double Logistics Boost

goods train logistics

Next Christmas in Belgrade? The EU’s Move into the Western Balkans

Belgrade, Serbia, July 22, 2017.Belgrade cityscape at sunset with national assembly, aerial view

Romanian Inflation Hits Four-Year High

supermarket, prices, inflation

Japanese PM Announces Western Balkans EU Initiative

TOKYO JAPAN - Apr 06 2016: Japanese Prime Minister Shinzo Abe during his meeting with President of Ukraine Petro Poroshenko in Tokyo

Growth Continues for State-Owned Azerbaijan Airlines

Azerbaijan Baku - September 16 2015: View of the Heydar Aliyev International Airport sign in Baku Azerbaijan. The airport is the home of Azerbaijan Airlines the national flag carrier.

Valga and Valka – Where Estonia and Latvia Work Together

Valga valka emerging europe

Let’s Stop Wasting Time Redefining our Place in Europe

After Its Significant Rise the Georgian Economy May Now Fall

Panorama of Tbilisi, Georgia in sunset rays. Vivid, saturated, splittoned image.

Cautious Upturn in Emerging Europe Haunted by the Spectre of Uncertainty

Donald Trump

Emphasising the Incongruence Between the V4 Countries

Macron emerging europe

Poland Fails to Spend Billions of Euros in EU Funds

euro banknotes

Baltic Bank Merger May Tempt Polish Heavyweight

DNB Bank Vilnius

Hungary Seen as Riskiest Country in CEE

risk

Georgian Wine Posts Record Results

Glass of wine at tasting area of annual city festival Tbilisoba with crowd of people around. Tbilisi, the capital of Georgia country

The EU’s Benign Neglect of Eastern Europe

The Morawiecki Plan Promises a Brighter Future for Poland

Innovation Brings Great Opportunities to the Belarusian Economy

Estonia: Europe’s Little Technological Giant

Belarus is the most creative EEU country

Feel the Vibe of the City of Minsk

Trinity suburb in Minsk (Nemiga) Belarus on 20 May 2017

Kraków: Officially Emerging Europe’s Most Elegant City

Krakow. Image of Krakow Market square, Poland during sunrise.

Non-Financial Reporting No Longer a Secondary Consideration in CEE

Skiing in Emerging Europe

gudauri ski georgia

Business Moving Forward with Cautious Optimism — Can Investors Win the Confidence Game?

EU Commissioner: CEE Groceries Are Not of Poorer Quality

Vilnius Lithuania - June 13 2017: Nordica shopping center in Vilnius is very popular with locals and tourists.

Košice Business Matchmaking Event Brings in Hungarians

kosice, slovakia

Emerging Europe Internet Speeds: Could Do Better

3d rendering internet speed meter close up

Examining How a Strong Swiss Franc Could Single-Handedly Topple Poland’s Economy

Big Fish, Small Fish, Where to Fish? On the Eve of the Fourth Industrial Revolution

EconMin: Bulgaria — Number One Outsourcing Destination And an Island of Stability in Europe

Why Hungary’s New NGO Law Is Harmful for Business

Budapest, Hungary. Aerial view of the old city Budapest, Hungary with river and Parliament Building with cloudy blue sky

Croatian Salaries Are Growing in Line With Other CEE Countries

Dubrovnik Croatia emerging europe

More EU Help for Belarus SMEs

GRODNO BELARUS - DECEMBER 13 2013: Seamstress in textile factory sewing with a industrial sewing machine .

Ukraine’s Q2 Growth Climbs

kyiv ukraine emerging europe

Baltics Seek Lockstep With High Tech States

Euro money: Macro view of euro coin and bill. Suitable for financial, monetary, euro or European Union concepts and ideas

Belarus is Bringing Opportunities for European Companies

Great Stone

Bad Payers Still Causing Problems for Romanian Firms

Close up Romanian currency note, LEI or LEU, Romania

Retail Rents Rise Across Emerging Europe

Na Prikope Prague

Meghri Becomes Armenia’s Third FEZ

armenia emerging europe

SEE Link — Sharing SEE Europe’s Hopes for a Brighter Investment Future

Investigations Into the Corrupt Ukrainian Fuel and Energy Sectors

Ukrainian money hryvnia. The national currency. Corruption in Ukraine

Double Ratings Agency Boost for Bulgaria

Mixed Results for Emerging Europe in New WEF Equality Report

wef

Emerging Europe to Record Positive Growth Across the Board in 2018

coins growth

Adam Smith’s Warning for Poland

Emerging Europe and the EBRD host the Outlook on Belarus conference in London

Why is Armenia Borrowing Another 100 Million US Dollars From Russia?

Estonia Posts EU’s Highest Inflation Rate in November

Rising food and grocery store prices is estonia and cost of living concept. Man counting food and consumer goods money with pen, paper and calculator at home. Budget of disadvantaged and low income family.

The Capital Markets Union: a New Beginning in the European Financial Sector?

P&O Maritime Enters Ukrainian Market

Logistics and transportation of International Container Cargo ship and cargo plane in the ocean at twilight sky Freight Transportation Shipping

Are Czech-EU Relations at Breaking Point?

PRAGUE, CZECH REPUBLIC - 21 JUNE 2014: People on the streets of Prague, Czech Republic. Prague is one of the most visited city in Europe with over 5 million visitors every year.

Michael: The Last King of Romania

Lithuanian Grocery Giant Maxima Set For Polish Expansion

maxima

Defending EU Values in Poland and Hungary

Eu hungary poland

A New Division Between Eastern And Western Europe?

Changing Perspectives and Showing That True Romania is a Vibrant Innovative Country

e-Estonia: Believe the Hype

Emerging Europe Key to China’s Belt & Road Plans

freight, ship, trade

Albania’s Construction Sector Supports the Country’s Growth

SARANDA, ALBANIA - MAY 18: View of the city Saranda, most important tourist attraction of the Albanian Riviera on May 18, 2017 in Saranda, Albania.

Slovenia: Emerging Europe’s Hidden Giant

ljubljana slovenia

Romania Surviving the Waves of Recent Political Tsunamis in Europe

Fish in the Bath and Other Christmas Traditions

Christmas Market On The Dome Square With Riga Dome Cathedral In Riga, Latvia. Christmas Tree And Trading Houses With Sale Of Christmas Gifts, Sweets And Mulled Wine. Famous Landmark.

World Bank: Brexit Hides Greater Challenges to the European Union and the CEE Region

Estonia Leading CEE Country in WEF Competitiveness Index

pharmaceutical factory woman worker operating production line at pharmacy industry manufacture factory

The EU Is Encouraging Belarus to Join the World Trade Organisation

Europe at Odds over OPAL and Nord Stream 2

Poland Must Preserve Wilson Spirit

Belarus Serves up Some Recipes for Success

Business in Belarus Recipe Book

Using Words to Paint a Picture – Belarus’ Nobel Prize Winning Novelist

Ukraine Is Offering Europe Unique Combat and Technological Experience

Poland’s Unicorn, Slovakia’s Flying Car and the Future of Europe

Slovenia’s Presidential Election: Pahor Expected to Romp Home

Slovenia flag against blue sky waving in wind

Polish Shoppers in Hunt for Eggs

eggs in rack

Estcoin: Estonia’s Own Digital Currency?

1 euro coin money (EUR) currency of European Union Estonia over blue background

The Reality in Romania Exposes False Perceptions Of The Country

Outsourcing Sector Driving CEE Office & Graduate Demand

wroclaw office

Romanian President Appoints Country’s First Female PM

viorica dancila prime minister of romania

Polish Tax Laws — Fighting a Winning Battle Against Tax Evaders

Poland Needs to Cling to the Eurozone

zloty euro emerging europe

Breaking With Imitations of the Past

Budget Chaos Hits Romanian Leu

Different Romanian Lei Banknotes on the table

IMF Urges Croatia to Speed Up Reform

croatia

Visegrád Divided

visegrad

EU Triggers Article 7 Against Poland

CRACOW POLAND - JULY 23 2017: Another day in Cracow thousands of people protest against violation the constitutional law in Poland. Defense of the triad of division of power free election and independence of the highest court in Poland

“e-Belarus”: Embracing the Internet and its Possibilities

The End of Poland’s Shale Gas Eldorado

Why the Baltic States Should Reject the Nanny State

man smoking a cigarette Cigarette smoking Cigarette with smoke

21st century Manufacturing Arrives at Great Stone

Great stone

How Will Poland Approach the Brexit Negotiations?

Nagorno-Karabakh Conflict Moves from Frozen to Kinetic

Nagorno-Karabakh

2018 Elections — Vital Decisions for Hungary’s Future

Victor Orban energing europe

Rolling Sales Procedures Together so Everyone Succeeds

Coworkers

The Netherlands’ Objection to the Ukraine-EU Association Agreement could be Costly to Europe

World Bank: Western Balkans Need to Speed Up Growth For Faster Convergence

world bank

Belarus Steps Up Liberalisation of Business

belarus

Latvia Urged Not to Increase Expenditure As Economy Grows

Riga, Latvia - August, 2010: Panorama view from Riga cathedral on old town of Riga, Latvia

Office Space Vacancy is Currently Low but Building Standards Cause Concern

Minsk Belarus - March 23 2017 modern architecture business center Pokrovsky on Pobediteley Avenue editorial

Belarus US Business Relations Thrive as Conditions Improve

Euroscepticism in Serbia: An Image Problem?

Poland Stays Cool on Euro Adoption

Euro cash and Zloty on one photo.

Germany and Belarus: Thinking Globally Acting Locally

Latvian Deputy Prime Minister Highlights Riga’s Potential

riga

Young Well-Paid IT Specialists Are Making Belarus Known Internationally

China Agrees to Build High-Tech Business Park in Serbia

BELGRADE SERBIA - SEPTEMBER 29 2016: View on the city center and the junction of Rivers Sava and Danube in Belgrade Serbia.

Minsk International Airport Widens its International Reach

Belavia

One in Five Poles Unaware of Source of Funds for 500 Plus Programme

Changes Are Making Ukrainian Banking More Aligned with International Standards

Nadiya Savchenko: I Dream of a Great Ukraine

Panorama of the top part of the Andrew's Descent from Castle Hill in springtime in Kiev Ukraine.

Why Is Belarus Tech Booming?

Foreign Investors: Belarus Offers Opportunities But Further Improvements Are Needed

People Power Reminds the Government of the Rule of Law

Poland’s Q2 2017 Growth Is Stronger Than Expected

WARSAW, POLAND - MAY 07, 2016: Building Palace of Culture and Science among the modern buildings of the city

Polish Labour Market Deficits Are Impacting All

Construction site with crane and building. Construction site in western europe - in Poland.

IMF Wants Banking Sector Reform in Western Balkans

croatia national bank

Women, to Tractors!

Tug of war contest between boys and girls. Two groups of children of different sex pulling opposite ends of rope. Concept of gender equality among kids, team sports. Vector illustration for banner

International Women’s Day — Let’s Take Action And Then Celebrate

Are Labour Shortages Driving Economic Growth?

Brexit Is a Great Opportunity to Attract Foreign Investors to Belarus

Czech Real Estate Market Is Top CEE Performer

Prague skyscrapers in blue hour with purple sky. Modern building architecture after sunset. Office center in capital city. Czech republic lighting buildings.

Romanian Competition Council Approves OTP Purchase of Banca Romaneasca

BUDAPEST HUNGARY - JUNE 22 2014: People walk by OTP Bank in Budapest. OTP is the biggest commercial Hungarian bank with 1500 branches in 9 countries.

Lukashenka seeks to avoid commitment to Russia’s geostrategic goals

Doing Business Across Eurasia Could Be Easier

Eurasia emerging europe schneider group

Poland Set for New Expressways, But Problems on the Roads Remain

poland roads

Industrial Production Prices in New Increase

electricity

Winds of Change for Belarus’ Reinsurance Industry?

EU Membership and Transition into Market Economies Have Helped CEE Achieve Social Progress

UK Economic Growth Slows as Brexit Uncertainty Bites

flags of UK and EU combined over icons of London - Brexit concept

After Economic Shocks Armenia Plans for Macroeconomic Stability

yerevan armenia minister of finance

Resignation in Ukraine: War, Revolution, Crisis — Some Things Never Change

Belarus 2020: Turning the Vicious Circle Into an Upward Spiral

Falling into Old Ways in 2017? Ukraine’s Struggle for Functioning Economic Institutions

Global Players Dash for Tempting CEE

dollar pound euro coin on euro background.

Ukraine’s Finance Ministry Wants Urgent Tax Reform

Bringing Belarus’ Cultural Past to Life for Belarusians and the World

Poland to Switch from Emerging to Developed Market by September 2018

warsaw stock exchange

CEE Lags in Business Connectivity

ANIS romanian ICT

Economic Confidence Rises Across Eurozone

Investment in Croatia’s Regions Key to Further Development

CAKOVEC, CROATIA - JULY 02: Parish Church of Saint Nicholas in Cakovec, Croatia, on July 02, 2016.

The Sharing Economy Could Bring New Business Models to CEE

Growth Increase Offers Glimmer of Hope for Moldova

chisinau

Albania’s Election Apathy

tirana albania

Impact of Brexit on EU-CEE Not Overstated

theresa may brexit

Poland & Ukraine Should Join Outsourcing Forces

outsourcing

The Socialism of Central Europe’s Populists

MARSEILLE FRANCE - JUNE 21 2016: People watch football match at Tribunes of Stade Velodrome during UEFA EURO 2016 game Ukraine v Poland

Mayor: Armenia And Its Capital Yerevan Offer Safe Investment And Tourism To a Growing World

The Shopping Experience Is Set To Go Global in Belarus from 2017 Onwards

Lithuania Gives Innovation a StartUp

MILAN ITALY - MAY 2: People visit Lithuania pavilion at Expo universal exposition on the theme of food on MAY 2 2015 in Milan.

Will Poland Leave the European Union?

polexit

Toyota Announces 400 Million Zloty Polish Investment

toyota

Georgia’s Growth Continues

Batumi, Adjara, Georgia - May 27, 2016: Batumi, Adjara, Georgia. Gogebashvili Street Road And Marine Station Or Maritime Station Building Batumi On Background

The Belarusian Banking Sector Moving Towards Modernisation Despite Some Challenges

How Will Trump’s Visit Affect Polish Politics?

Donald trump

Montenegro Accelerates Legal Reform

montenegro law reform

Economy Minister: Internationalisation Is the Key To the Slovenian Economy

Moldova’s Briefly Suspended President is Still in Business

chisinau moldova parliament

Business Mentors Helping to Solve Business Development Problems First

Portrait of confident business people interacting in the office

Czech Republic Raises Interest Rates

czech koruna

Are There Differences Between How Tax Regulations in Poland and IAS Treat Intangible Assets?

Budapest and Warsaw: Marriage of Convenience or Union of Values?

Belarus-Turkey Investment Forum to increase investment and trade between the two countries

Armenia Opens New Free Economic Zone on Iranian Border

Bags headgear boxes made of traditional fabrics of Armenian patterns and colors lying on the stalls at the Yerevan market in Armenia

Trans Adriatic Pipeline Will Fuel Albanian Growth

Xanthi. Greece - July 30 2017: aerial view of construction of gas pipeline Trans Adriatic Pipeline - TAP in north Greece. The pipeline starts from the Caspian sea and reaches the coast of southern Italy

Banca Transilvania Concludes Moldovan Deal

banca transilvania

Poland: Is it Ready, and is it Time to Adopt the Euro?

Albania’s Economy Not Benefiting From Largest Oil Reserves in Region

Slovenia Sets Green Vehicle Deadline of 2030

ljubljana

A Risky Evaluation of Croatia’s Economy?

ZAGREB, CROATIA - JULY 17, 2017: Square Ban Josip Jelacic with tourists and trams on a summer day in Zagreb. City of Zagreb is the capital of Croatia.

Romania’s PM Resigns

BUCHAREST ROMANIA - June 29 2017: Romanian Prime Minister Mihai Tudose during a swearing-in ceremony at Cotroceni palace in Bucharest capital of Romania June 29 2017.

Emerging Europe Live: CEE — The Outsourcing Destination

Romanian Economy Grows Fast in 2017

Brasov cityscape panoramic and aerial view over medieval architecture of Brasov town, in Transylvania Romania

Italy and Belarus: A Relationship Based on Complementarities and History

Azerbaijan: The Rich Get Richer and the Poor Get Nothing

Baku

IMF Increases Growth Forecast With Emerging Europe Prominent

Dambovita river and center of Bucharest at sunset time Romania.

EU Commissioner Launches Veiled Attack on Poland and Hungary

eu commission

A New Modern Mall Hopes to Draw Belarusians Back to the Home Market

RRY Capital

Measuring Growth of Societies with GDP Alone Shows an Incomplete Picture

CEE Boosted by Positive Tourism Trends Across the Region

cruise ship in Kotor Bay Montenegro. Aerial view panorama. Kotor bay Montenegro.

EU Visa-Liberalisation Strengthens Georgia’s Pro-Western Path

georgia emerging europe eu

ICT Given Huge Boost in Belarus

MINSK, BELARUS - AUGUST 15, 2016: Aerial view of the southwestern part of the Minsk with Palace of Sport and old and new other buildings. Minsk is the capital and largest city of Belarus.

Albania’s Economy Booms Despite Political Infighting

Panorama view to the city Tirana Albania

Ukraine’s Reputation for Cheap Labour May Not Ring True in the Long-term

EY: Belarus’ IT Scene Is Thriving

High tech park minsk

Regional News Outlets: The Real Target of Poland’s New Media Law?

poland media

Poland Is Set To Become a Large Economic Zone

Aerial view over the building materials processing factory. View from above.

Emerging Europe Live: Life in Belarus As Seen by Foreigners

GE Inaugurates Its New Bucharest Software Centre

Asian Outsource Developer Team Sitting At Desk Working Laptop Computer Mobile Application Software Real Office

The GREAT London Food Scene

Bakery in London

Visegrad Group Looks East

Do Your Homework First and Starting Business in Poland is Easier

World Bank’s Doing Business Report 2016 Resume For Emerging Europe

Jadranka Joksimović: Serbia Takes Its Candidacy of the EU Seriously

bigstock-Joint-Press-Conference-Of-Serb-155400338.jpg

More Brexit Fears As the UK Proves To Be A Needed Member

City of London view from Waterloo Bridge. This view includes: St. Paul`s Cathedral The Gherkin Tower 42 and Blackfriars Bridge.

Only a United Opposition Can Defeat Poland’s Ruling Law and Justice Party

Classical building of Polish parliament. Warsaw in Poland.

China-Georgia FTA Takes Effect

TBILISI GEORGIA - SEPTEMBER 28: Top view of Tbilisi downtown Georgia on September 28 2016. Tbilisi is a capital and largest city of Georgia.

Emerging Europe’s Economies Are Booming

Hungary and Israel: the Collision of Past and Present

Budapest synagoge

How Did We Get Here?

Amazing Panorama to City of Plovdiv from nebet tepe hill, Bulgaria

All for One, and One for All

GE

EU: Consumption Still Driving Growth

Baltic States to Launch Combined Capital Market

capital markets

Why Was Zapad-2017 So Important?

russian tank belarus zapad

Under Promise, Over Deliver: Prospects for the EU’s Eastern Partnership in 2018

Eastern partnership

Veni, Vidi, Vici, Or My Personal Experience of Doing Business in Belarus

Belarus: On the Way to a Market Economy?

IMF: Institutions Key to Sustainable Growth

IMF

A Bosnian Referendum Shows Russia’s Influence in the Balkans—As Well As Its Limits

GSA Names Ukraine as UK’s Offshoring Destination of the Year

map of ukraine emerging europe

Poland Challenges the European Identity

Poland emerging europe

Breaking trade barriers with CIS has never been easier

The Deep Roots of Currency Crises in the Former Soviet Union

Belarus’ Economy Is Slowly Recovering From Past Declines

Ukraine to Make New Privatisation Push

The Great Stone Industrial Park — Making Doing Business Easy in Minsk

Moldova Falls Victim to Politicising

moldova emerging europe

Belarus: Navigating the geopolitical storm

Growing Rzeszów

Rynek Glowny in Rzeszow. Rzeszow Podkarpackie Poland.

Long-time Neighbours Need to Share Awareness, Plus Trade & Investment

The Peculiar Growth of Poland

KRAKOW POLAND - JUNE 2017: logo of Galeria Krakowska shopping center.

High-Tech Park in Minsk is growing rapidly

Could the West At Least Help Ukraine To Insure FDI Against Political Risks?

Kaczyński Defends PiS Record

Partnership is the Key to CEE-Indian Business

Belarus: Changing Old Ideas And Mixing With the New in Belarus’ Export Market

Poland’s Business Constitution Must Be Finalised

Front of finance ministry in Warsaw Poland with a fountain framing the entrance. Could be used for images about Euro currency problems

Czech PM Loses Confidence Vote

andrej Babiš

Investors in Poland Unfazed By Article 7

Warsaw EBRD annual meeting

Czech Republic Approves 2018 Budget

Ten czech crown coins money on black marble background

Encouraging SME’s Development Will Help Build Belarusian Economy

Air Passenger Volumes Reach Record High in the Baltics

airbaltic

Belarus Has Set an Example for Others to Follow

Poland’s Flying Circus

airport poland

Mobilising Private Sector Investment in Belarus, Moldova & Ukraine

IFC

Ukraine Holds Open House at Davos

New Start-Up and Innovation Report Names Estonia and Slovenia as Market Leaders

Tallin, Estonia - July 06,2017: Scenic view of the modern part of the city of Tallin, Estonia

Azerbaijan Showcases ICT Potential

BAKU AZERBAIJAN - SEPTEMBER 25: People goes by the seafront of Baku on September 25 2016. Baku is a capital and largest city of Azerbaijan.

China: A Giant That Is Hard to Crack

Polish Convenience Store Sector Booms

How strong is V4?

Viktor Orban

Lithuania Set to Streamline Competition Legislation

Industrial dock with cranes on the quay

Outsourcing in Germany: Stop Talking at and Start Talking to

New investors interested in Belarus’ Great Stone Industrial Park

Bulgaria Takes on EU Presidency

Sofia, Bulgaria - September 12, 2017: Architectural complex in downtown of Sofia in which the Presidential Administration is located, Sofia, Bulgaria

Chickens Blamed for Romanian Budget Deficit

Two white chickens or hens inside a chicken coop or hen house seen through chicken wire.

Germany Is Not Letting Belarus’ Small Downturns Put it off Looking for Investment Opportunities

Ex-Banker to Become Poland’s Next Prime Minister

Belarus Is Where the New Silk Road Heads For Europe

CEE Is Key to China’s Belt and Road Initiative

Shanghai skyline Panoramic view of shanghai skyline and huangpu river Shanghai China

Romanian Cabinet Reshuffled as New Splits Emerge in Ruling Party

BUCHAREST ROMANIA - MAY 25 2014: The Victoria Palace. Victoria Square.

Business Standards Are High in SEE But Vary Widely

Aerial view of The Cathedral of the Assumption in Varna

Assaults on the Judiciary: How CEE Governments Are Trying to Restrict Judicial Independence, and Why It’s Not Working… For Now

poland romania justice system

Belarus and Singapore Share the Same Factors for Economic Success

Derek Chollet: There Is a Resurgence of Supporters of the Transatlantic Relationship

white house

Georgia’s Sweetest Export Targets EU & Japan Expansion

Kiwi fruits growing on the branch on autumn

E-lifestyle and Cyber Security: Some Views From Estonia

Cyber Security Protection Firewall Interface Concept

Ukraine’s Anti-Corruption Boss Survives, For Now

Artem Sytnyk

Belarus Is One of the Top Outsourcing Destinations of 2016

Romanians Take to the Streets in New Mass Protest

Belarusian Economic Recovery May Downgrade Intended Reforms for Competitiveness

EU-CEE Is Still Growing at a Healthy Rate

Prague emerging europe

Azerbaijan, Georgia, Turkey Launch New ‘Silk Rail’ Link

PiS Uses Media Control to Bring Poland to Heel

Jaroslaw kaczynski pis emerging europe

After 25 Years of Restructuring, the Romanian Power Sector Is at a Crossroad

Chris Lowney — What Jesuit Spirituality Can Teach Us About Global Leadership

Old Fashioned Skulduggery Overshadows the Elections in Moldova

Moldova Launches New e-Procurement System In Search For Positive Change

Photo team work process, holding contract hand, signs documents. Account managers young crew works with startup project.New idea presentation, analyze marketing reports.Blurred, film effect, horizontal.

Is the CEE Region About to Steal the Outsourcing Crown From India?

Amazing view on the Taj Mahal in sunset light with reflection in water. The Taj Mahal is an ivory-white marble mausoleum on the south bank of the Yamuna river. Agra Uttar Pradesh India.

The Right to Water: Who Can Change Today’s Situation?

FocusEconomics: Belarusian Economy to Grow in Q4 2016 and Onwards

The EU’s Benign Neglect Of Eastern Europe

Warsaw City Guide: 48 Hours in Poland’s Reborn Capital

WARSAW POLAND - DECEMBER 28 2016: Downtown Warsaw Financial center in Warsaw Poland. Warsaw is one of the most economical successful capital in Europe in last few years.

United or Divided? Europe in the Face of the Challenges of Tomorrow

Belarus Is Ready to Begin With Venture Capital Investments

The essence of the Customs Union is protectionism

Romania Can Still Provide Stability Within the EU

BUCHAREST, ROMANIA - 05 February 2017: More than 240,000 protesters in Victory Square (Piata Victoriei). "Torches" moment. At 09:00PM Romanian protesters shone torches on their phones.

CEE — Do We Need a Launch Pad For Our On-Site Tech Intelligence in the Silicon Valley

Czech Republic Renaming Has Real Economic Costs

Bulgaria Eyes Azerbaijani Gas Deal

Yellow gas pipes in natural gas treatment plant in bright sunny summer day

Mixed Results for Emerging Europe in Legatum Prosperity Index

prosperity

Poland’s Confusing GDP Growth

Political Tensions Rise As Croatia Allegedly Breaks the Dublin III Refugee Regulation

croatia migrants

The Long Tail of Global Expansion

IMF Believes State-Owned Enterprises Must Be Reformed

Image of the banknotes of new Belarusian banknotes five rubles put into circulation July 1 2016

CEE Governments Still Can’t Resist Tampering with Legislation

legislation

‘No’ To a Monetary Union With Russia

Digital Business Space Gives All Businesses an Office in Sarajevo

Sarajevo Bosnia and Herzegovina - August 24 2015. View from Vraca Memorial Park with building of Avaz Twist Tower

Belarusian Economy on a Diet to Change its Financial Outlook

EU May Offer Georgia, Moldova and Ukraine Customs Union and Schengen Access

schengen

Investors Eye Opportunities in Emerging European Infrastructure

infrastructure

The EU’s Choice: Fundamental Reform Or Disintegration

Belarusian Journalists Still Face Huge Problems

A Strategic Asset for Regional Growth and Development in the EU

Pier bridge crane and cargo handling cargo trains transported away.

Czech Land Prices Continue to Increase

farm land

PandaDoc — Rolling Sales Procedures Together So Everyone Succeeds

IFC Invests 30 Million Euros in Ukrainian Packaging Firm

IMMER Ukrplastic

Estonia Leads Baltics in Cutting Sugar in Food and Drink

Sarajevo Stock Exchange Connected to SEE Link

sarajevo stock exchange

Belarus Has To Make an Extra Effort To Change Investors’ Perceptions

Beyond Borders: Immigration Within the EU

refugees immigrants

Europe Needs To Be More Proactive In Embracing Armenia

Despite Public Anxieties, Migration is Playing a Key Role in ECA Growth

Bratislava city aerial panoramic view. Bratislava is the capital of Slovakia.

Slowly, Tech Brand Belarus Emerges

belarus tech

Bulgaria’s Bitcoin Mystery

bitcoin bulgaria

Falling Student Numbers and Declining R&D Result From Lack of Funds

Fitch And the World Bank: Economic Growth To Remain Solid Within CEE In 2016

HTP: Belarus’ Engineers Are Leading a Cool Revolution

Ukraine’s Gas Reserve Estimates Revised Upwards

Industrial concept. Liquid gas container. Gas storage in the port. Pipelines in the refinery

When Neutrality Isn’t an Option

President of the Russian Federation Vladimir Putin

Cabinet Reshuffle In Poland Sees Controversial Ministers Axed

The Polish Government’s Mid-Term Report: Must Do Better

Front of finance ministry in Warsaw Poland with a fountain framing the entrance. Could be used for images about Euro currency problems

Go East

Slovakia: Growth Continues But Problems Remain

Macedonia’s Controversial Coalition Government

SKOPJE MACEDONIA emerging europe

The Belarusian real estate market is on the up

Efficient Innovation: Entrepreneurship in Bulgaria

Beautiful photos of modern buildings under blue sky. Europe, Bulgaria, Sofia.

Belarus Is Making the First Steps onto the International Finance Floor

Will a Two-speed European Union Side-line the Visegrad Four?

Emerging Europe Makes Some Progress on Closing Gender Gap

world economic forum gender gap report

China and Central Europe: Don’t Believe the Hype

China

Fiscal Policy Predictability in CEE — It’s Time for Change

The Azerbaijani Laundromat: Why It Matters

azerbaijani money laundering

Polish Enterprise Salaries Climb Steeply

Money of National Bank of Poland. Polish zloty banknote on red velvet background; Macro photo; Depth of field

Good Match But Unlikely Marriage

High Real Estate Prices at Home Force Czech Investors Abroad

Construction of the Petrin lookout tower in Prague Czech Republic

New Political Crisis Hits Moldova

Vladimir_Putin_and_Igor_Dodon_(2017-01-17)_01

Hungary’s Nationalist Assault on Free Enquiry

victor orban ceu

While the EU Makes Plans for CEE China Makes Investments

Nuclear Security Summit In Washington, 2016

Where’s My Cheese? – The GREAT British Food Tour 2014

Cheese Shop

Warsaw Back on Top in Polish Banking

WARSAW, POLAND - MAY 07, 2016: Building Palace of Culture and Science among the modern buildings of the city

TV Still a Star for CME

Bulgarian PM Sets Out Priorities at EPP Group Debate

Prague Czech Republic - February 15 2016: The Prime Ministers of Bulgaria Boyko Borissov is speaking during a press conference after meeting of The Visegrad Group (V4) in Prague Czech Republic.

Serbia’s New PM Is Cut From a Familiar Cloth

Serbian flag emerging europe

Bucharest’s Stock Exchange Reports Growth; Eyes Emerging Market Status

bucharest stock exchange

Bulgaria Needs a Reform-Oriented Government to Take Full Advantage of its EU Membership

bulgaria emerging europe

Not All Quiet on the Eastern Front

Slovenia: An Optimistic, Export-Led Economy with First-World Problems

Big cranes in port of Koper in Slovenia

Global Expansion in the Digital Age

Hungary Today: Potential and Challenge

Chain bridge on Danube river in Budapest city. Hungary. Urban landscape panorama with old buildings and domes of opera

Škoda too Strong for VW Group

MLADA BOLESLAV CZECH REPUBLIC - MAY 30: Skoda Octavia on conveyor line during Doors Open Day at Skoda Auto a.s. factory. Skoda auto celebrated 120 years since its founding on May 30 2015 in Mlada Boleslav.

HSBC Reports CEE Growth Surge in Q3

romania national bank

European Commission Withholds 600 Million Euros from Ukraine

kyiv, kiev, ukraine

January Kicks Off an Exciting Year for Emerging Europe

Romania is Haemorrhaging Doctors

Friendly female doctor hands holding patient hand sitting at the desk for encouragement, empathy, cheering and support while medical examination. Bad news lessening, compassion, trust and ethics concept

Romania’s Budget Deficit ‘Should Start Alarm Bells Ringing’

BUCHAREST ROMANIA - June 29 2017: Romanian Prime Minister Mihai Tudose during a swearing-in ceremony at Cotroceni palace in Bucharest capital of Romania June 29 2017.

ICT Growth Continues to Boost Bosnian Economy

ict, it

Lithuania Wants to Bring Home its Skilled Workers

VILNIUS - FEBRUARY 25: Many people choose books at the indoor book

Moody’s: CEE Creditworthiness Holding Up

Man's hand holding pen and checking spreadsheet

Ask for Georgian Campaign Set to Expand Abroad

Traditional Georgian carpet. Carpets with typical geometrical patterns are among the most famous products of Georgia.

Bulgaria Keen on Euro Adoption

FRANKFURT GERMANY - MAY 16 2014: Euro Sign. European Central Bank (ECB) is the central bank for the euro and administers the monetary policy of the Eurozone in Frankfurt Germany.

Emerging Europe Back on Track to Convergence

wiiw

Is Prague the New Face of Overtourism?

prague tourists

Wizz Air in Huge Polish & Ukrainian Expansion

wizz air a320

IMF Concludes Latest Moldova Review, Releases New Money

Reflection of a Soviet building in Chisinau Republic of Moldova

Romanian Transport Infrastructure Failures Pile Up

Cernavoda Romania - June 20 2012: Construction works at the A2 highway connecting Romania's capital Bucharest to Constanta.

Serbia, Belarus and Ukraine Ranked Lowly by Wharton Business School

Kyiv Ukraine - April 172017: The postal square in Kiev on Podol the Dnipro river. view of the square from the river panorama

Smart, reliable and promising

LGBT in CEE — A New Acceptance Is Being Born From Migration

Warsaw Rising: The Polish Capital’s Skyline Gets Even Taller

varso

CEE: Innovate or Get Eaten

innovation

Foreigners choose Minsk and Gomel as Belarus’ most attractive FDI destinations

‘Traditional Values’: A Potent Weapon Against LGBT Rights

gay rights putin

Lech Wałęsa: Hard Options Can Force Nations to Get Down to Work

Estonia Proposes Bill of Rights and Responsibilities for Robots

Robotic hand accessing on laptop the virtual world of information. Concept of artificial intelligence and replacement of humans by machines.

Czech Own Currency Insures Against Euro Losses

Euro Czech republic emerging europe

A Positive and Modern View of Entrepreneurship

Macedonia — Stepping Out Of the Shadow Of the Balkans

Deloitte Upsizes Its Emerging Europe Cyber Intelligence Team

Computer security concept. Virus in program code

Business Opportunities in Belarus Encourage Outside Interest

Chinese Electric Car Maker Seeks Emerging Europe Base

zhi dou d2

Bulgaria Ski Resort Plans Concern WWF

Bansko, Bulgaria - December, 6, 2015: Two Bansko cable car cabins and snow mountains peaks

Romania Cuts Income Tax, Introduces Solidarity Tax

CLUJ NAPOKA ROMANIA - OCT 2 2016: People on the central street of Cluj Napoka - the unofficial capital of Transylvania.

Lviv Is the Pearl and the Soul of Ukraine

Romanian Cyber Security Firm Valued at 600 million US dollars in Private Equity Swoop

cyber security

HSBC Opens Warsaw China Desk

Stuck in Neutral: Georgia’s Constitutional Reforms

Tbilisi Parliament Georgia

Does the Sceptre of Separatism Haunt Emerging Europe?

Szekely Land Flag

Central And Eastern Europe At the World Property Market

Prospering Czechia Still Needs a Bigger Workforce

prague emerging europe

NATO Opens New Moldova Office

NATO Moldova

Western Ukraine Could Be an Entry Point into the Country

Czech Election Result Could Delay Euro Adoption Until 2025

czech banknotes nominal value two and five thousand crowns on white background. 300 000 Kc is approximately 12 450 US dollars (USD) or 11 100 Euro (EUR)

Poland’s Capital Saturation Lower Than the Czech Republic’s

deloitte fdi poland

Swimpassing Dniester Without Prejudice To Democracy

Parliament of the republic of moldova in chisinau, national flag, stefan cel mare street, spring time with blue sky

Belarus Foreign Minister Hails Success of Visa-Free Travel Programme

Great noble deer surrounded by herd.Portrait of a deer, while looking at you.Adult deer with big beautiful horns on snowy field on forest background.

Ex-Transition Economies’ FDI Recovery

dollar euro fdi

Leave a Reply

Your email address will not be published. Required fields are marked *